Wild West Crypto Shrugs Off Volatility with a Tip: Stay Calm and ‘HODL’ On

October 14, 2019 13:11:38

On the Wild West Crypto Show, where hosts Drew Taylor and Brent Bates dissect the good, the bad and the ugly in the space, it was mostly good on episode 79, ‘Crypto Market Still Bouncing Around’. Crypto markets are trending upward, but volatility appears to be the status quo. On October 7, 2019, for example, the top five cryptocurrencies – Litecoin, Bitcoin, Bitcoin Cash, Ethereum and Ripple – went up four percent in aggregate, with Ethereum, the best performer, hitting $180.49 after rising 6.01 percent (http://ccw.fm/jrV88). No doubt, the roller-coaster ride is making some crypto investors nervous, but the two crypto cowboys shrugged their shoulders, advising holders of crypto assets to “just stay calm and HODL on.”

During the show, Taylor talked about the blooming partnership with John Tobacco, host of the Liquid Lunch Show on Newsmax TV. He also introduced CJ Sapong, a scheduled speaker at the upcoming Litecoin Summit, to be held at the Cosmopolitan of Las Vegas, October 28-29, 2019. Sapong is a well-known soccer player who currently plays as a forward for the Chicago Fire in Major League Soccer. Another guest on the show was Rice Crypto, a.k.a. Chris Rice, who explained that he is drawn to crypto because of his anarchist inclinations.

Jonathan Keim, communications director of CryptoCurrencyWire (CCW), currently back on home turf, had his usual trio of updates. The first was ‘Verady Announces Alliance with Intuit QuickBooks Online’. Verady, the leading cryptocurrency accounting and audit software company, announced that its Ledgible platform now integrates with QuickBooks Online and is available through Intuit’s Apps.com. The Ledgible platform integrations enable businesses, accountants and bookkeepers to save time, reduce complexity and ensure accuracy by automatically syncing QuickBooks Online with information directly from cryptocurrency holdings and transactions (http://ccw.fm/5mCJe).

In other news, Voyager Digital (Canada) Ltd. (CSE: VYGR) (OTC: VYGVF) (FRA: UCD2) announced the closing of its previously disclosed acquisition of certain assets of Ethos.io PTE LTD, a leading universal wallet and blockchain service provider. The acquisition was completed for a purchase price of 7.25 million shares of VYGR. Shingo Lavine, founder and CEO of Ethos, will also join Voyager as chief innovation officer in addition to his current role as a member of the company’s board of directors (http://ccw.fm/Hv9me).

Vega, a decentralized trading technology startup, similarly announced a seed raise of more than $5 million. The round was led by Pantera Capital, which aims to facilitate the transition to more inclusive capital markets through investments in decentralized finance. Vega’s protocol design can restructure the trillions-of-dollars-per-day derivatives markets to run automatically over peer-to-peer networks with investment bank-grade risk management processes (http://ccw.fm/w5t4Z).

For the latest episode, which includes CryptoCurrencyWire’s ongoing segment featuring the latest news from around the world, visit http://ccw.fm/p2eN5

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